In 17th\u00a0 century\u00a0 for the very first time Japanese began to use technical analysis to trade in stocks . In 1900 a new\u00a0 US version of technical analysis was initiated by Charles Dow which was somehow different from the early version , but many of the guiding principles were very similar:
\n\u2022\u00a0\u00a0 \u00a0The “what” (price action) is more important than the “why” (news, earnings, and so on).
\n\u2022\u00a0\u00a0 \u00a0All known information is reflected in the price.
\n\u2022\u00a0\u00a0 \u00a0Buyers and sellers move markets based on expectations and emotions (fear and greed).
\n\u2022\u00a0\u00a0 \u00a0Markets fluctuate.
\n\u2022\u00a0\u00a0 \u00a0The actual price may not reflect the underlying value.
\nAccording to Steve Nison, candlesticks and charting were first appeared in 1850 , and was developed by well known legends of stock trading named Homma from the town on Sakata. It is to be noted that her original ideas were modified frequently during the period of time and as per the requirement eventually resulting in the system of steps that we follow and use today.<\/p>\n","protected":false},"excerpt":{"rendered":"
History In 17th\u00a0 century\u00a0 for the very first time Japanese began to use technical analysis to trade in stocks . In 1900 a new\u00a0 US version of technical analysis was initiated by Charles Dow which was somehow different from the early version , but many of the guiding principles were very similar: \u2022\u00a0\u00a0 \u00a0The “what” […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[454,453,451,450,452],"class_list":["post-91","post","type-post","status-publish","format-standard","category-general","tag-candlesticks-history","tag-candlesticks-reference","tag-how-to-read-candlesticks","tag-introduction-to-candlesticks","tag-japanese-candlesticks","entry"],"_links":{"self":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/91","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":0,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/91\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/media?parent=91"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/categories?post=91"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/tags?post=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}